Monday, 26 October 2026
Global markets, trading & world business — for professional traders
How is AI changing the way we work? Our previous research on AI’s economic impacts looked at the labor market as a whole, covering a variety of different jobs. But what if we studied some of the earliest adopters of AI …
BERLIN, Sept 19 (Reuters) - Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at Porsche, German business daily Handelsblatt reported on Saturday, following a profit warning linked to probl…
Commerzbank’s Charlie Lay and Henry Hao report that Taiwan’s CBC kept its policy rate at 2.0% for a tenth straight meeting, signalling a patient stance. The bank slightly raised its 2026 inflation and GDP forecasts, see…
OCBC’s Christopher Wong highlights that Singapore’s August NODX surged 46.2% year-on-year, far above consensus, with electronics exports jumping on AI-related demand and broad-based strength across markets. OCBC Economi…
OCBC strategist Christopher Wong highlights that Taiwan’s CBC kept its policy rate at 2% for a tenth straight quarter with a mildly hawkish tone, sharply raising 2026 growth and inflation forecasts while flagging sticky…
The Aussie Dollar is poised to end the week on a positive note versus the US Dollar, up 0.21% as improved risk appetite keeps AUD/USD trading near 0.7124, closing near Friday's highs.
USD/CHF turns lower on Friday as the US Dollar (USD) loses momentum heading into the weekend, with traders booking profits after a strong weekly advance driven by the Federal Reserve’s (Fed) hawkish interest-rate hike. …
The Dow Jones Industrial Average trades near 51,500, back at the level where Wednesday's selling stopped, which means Thursday's rebound is gone. The selling ran one way down from the session high, and every level that …
Chang Wei Liang at DBS Group Research highlights that USD/CNH is easing toward 6.70 despite a stronger Dollar, with the Renminbi (RMB) supported by a lower USD/CNY fixing below 6.76. He links this to possible goodwill f…
The New Zealand Dollar (NZD) turns negative on Friday, down 0.11% against the US Dollar (USD), in a week that saw the Federal Reserve's (Fed) first rate hike in three years, which underpinned the Greenback against most …
The Bank of Japan (BoJ) raised its rate to 1.25% on Friday and the Yen weakened anyway. The Dollar Index ran to its highest level since late July on that and has given the move back, trading just above 100.30. The Euro …
USD/JPY advances sharply on Friday, trading around 156.95 at the time of writing, up 0.63% on the day. The pair has pulled back after reaching a daily high of 158.06 earlier in the day. The Japanese Yen (JPY) weakens si…
The Canadian dollar is at risk of dropping below 70 cents U.S. amid surging demand for the greenback as markets reprice the expectation that the United States Federal Reserve will hike rates instead of cutting them.
Brown Brothers Harriman’s (BBH) Elias Haddad highlights pronounced Japanese Yen (JPY) underperformance, with USD/JPY near 158.00 after a Bank of Japan rate hike to 1.25%. The Bank of Japan (BoJ) signaled cautious tighte…
The Pound Sterling (GBP) retraces on Friday after reaching a daily high of 1.3375 on upbeat UK data, as headlines suggest that an Oil supply shock has sent crude prices higher and reignited investors' fears of high infl…
ING strategist Francesco Pesole notes that moderating Oil prices have slightly cooled the Dollar’s post-FOMC momentum, but still sees upside risks for the Dollar after the Federal Reserve’s hawkish message. With a typic…
The Euro (EUR) is down 0.12% to near 1.1460 against the US Dollar (USD) during the European trading session on Friday. The major currency pair is under pressure as the US Dollar extends the advance due to firm expectati…
Gold (XAU/USD) struggles to move above the $4,400 level on Friday as the Federal Reserve’s (Fed) hawkish policy outlook keeps the US Dollar (USD) firmly bid. Still, the metal is on track for its first weekly gain in thr…
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD remains under pressure after four consecutive daily declines, though short-term momentum has not intensified. Intraday, the British Pound (GBP) is expe…
EUR/GBP inches lower after three days of gains, trading around 0.8590 during the Asian hours on Friday. The currency cross is facing downward pressure as the British Pound (GBP) gains momentum following stronger-than-ex…
A late-week rally in global shares left them on track for weekly gains after earnings from some U.S. tech giants eased concerns about AI returns, while the yen declined after the Bank of Japan kept interest rates unch…
The USD/JPY pair trims a part of strong intraday gains to a two-week high, though it holds comfortably above mid-156.00s during the post-meeting Bank of Japan (BoJ) press conference.
The USD/CAD pair trades in positive territory around 1.3995 during the early European trading hours on Friday. The US Dollar (USD) extends its rally against the Canadian Dollar (CAD) on a hawkish tone from the US Federa…
Silver price (XAG/USD) extends its upside on Friday, trading 2.26% higher at around 66.80 during the European session. The white metal strengthens due to correction in oil prices and United States (US) Treasury Yields.